iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Hits New 1-Year Low – Here’s Why

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUBGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $105.69 and last traded at $105.7050, with a volume of 285227 shares trading hands. The stock had previously closed at $105.83.

iShares Short-Term National Muni Bond ETF Stock Down 0.1%

The business has a 50 day moving average of $106.18 and a 200 day moving average of $106.45.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. bought a new position in iShares Short-Term National Muni Bond ETF during the fourth quarter valued at approximately $25,000. Rothschild Investment LLC lifted its holdings in shares of iShares Short-Term National Muni Bond ETF by 13,400.0% in the 4th quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock valued at $43,000 after buying an additional 402 shares during the period. Monetary Solutions Ltd acquired a new position in iShares Short-Term National Muni Bond ETF in the fourth quarter valued at approximately $54,000. WFA of San Diego LLC purchased a new stake in iShares Short-Term National Muni Bond ETF in the 2nd quarter valued at about $95,000. Finally, NBH Bank acquired a new position in shares of iShares Short-Term National Muni Bond ETF in the 2nd quarter worth approximately $104,000.

About iShares Short-Term National Muni Bond ETF

(Get Free Report)

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.

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